I would want my wife and son to be left with a little something to help provide for paying off our house and living expenses.
The most affordable type of life insurance is term life insurance protection.
Term life can provide low cost coverage for up to 30 years. You choose a term (duration) of your policy from 10, 15, 20, 25 or 30 years of coverage.
Your rate and coverage amount stay level each year throughout your term when purchasing a level term life insurance plan. So, you would pay the same premium each year, while having an amount of life insurance that stays level for the entire duration of your term life policy.
If you die during the term of your policy, your beneficiary (family) would receive the death benefit. If you outlive the term, your life insurance coverage expires.
Here's how you can learn more about finding affordable term life insurance protection, and compare instant term life insurance quotes from several leading life insurance companies.